The global Animal Nutrition Organic Acids market size is expected to be worth around US$ 287.1 million by 2030, according to a new report by Vision Research Reports.
The global Animal Nutrition Organic Acids market size was valued at US$ 213.3 million in 2020 and is anticipated to grow at a CAGR of 10.5% during forecast period 2021 to 2030.
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Report Coverage
Report Highlights | Details |
Market Size | USD 287.1 million by 2030 |
Growth Rate | CAGR of 10.5% From 2021 to 2030 |
Base Year | 2020 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product, Delivery system, Species, Application |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Carboic; Thyssenkrupp AG; ADM; Croda International Plc; Cargill, Incorporated; Eastman Chemical Company; BASF SE; Dow |
Growth Factors
Growing demand for technological innovations and convenient food options produced from cost-effective renewable sources are considered key factors influencing industry growth. Increased utilization of organic acids in animal feed as a predominant substitute to traditional growth promoters is yet another key factor influencing market development across industries of various key geographies worldwide.
Organic acids are being increasingly used for feed preservation in commercial compound feeds and applications related to diets in pigs and poultry. These acids have proven to be highly effective in maintaining the growth performance of animals. Among the available antibiotic growth promoters, organic acids are proven to be the most reliable product group. The primary mode of action of these acids is through the antimicrobial effects and its intensity is dependent on the chemical composition of its salts and derivatives.
Report Highlights
In terms of revenue, the lactic acid segment dominated the market for animal nutrition organic acids and accounted for the largest share of 59.0% in 2020. This high share is attributable to the high utilization of the product in dietary and drinking water acidification.
Mid-chain Fatty Acids (MCFAs) have been shown to have antimicrobial properties against viruses and gram-positive and gram-negative bacteria. These acids are used as an energy source in various diets, including animals as well as humans.
In terms of revenue, the poultry segment dominated the market and accounted for the largest share of 46.3% in 2020. This high share is attributable to the high use of organic acids with a weak base as a feed acidifier. One such organic acid used in manufacturing feed acidifiers is sorbic acid. Increasing demand for broiler meat is expected to boost the demand for organic acids and their salts in animal nutrition manufacturing.
The unprotected segment dominated the market and accounted for the largest revenue share of 74.0% in 2020. This high share is attributable to its ability to enhance the growth performance and digestibility in animals as it offers direct and high-level transfer of acid, positively impacting animal health while preventing cross-contamination.
In terms of revenue, antimicrobial capacity application dominated the market and accounted for a share of 44.6% in 2020. This high share is attributable to the high antimicrobial and antioxidant effects of organic acids. Organic acids, particularly fatty acids such as butyric acid, increase the growth of the gastrointestinal mucosa in animals, thereby enhancing their health. Gut health application is expected to witness the fastest growth of 6.9% from 2021 to 2028. Gut health plays a vital role in influencing the growth rate of animals.
Asia Pacific dominated the market and accounted for the largest revenue share of 46.4% in 2020. This dominance can be attributed to various factors such as increasing consumption of meat and meat products in populated economies of India and China, contributing to 35% of the global population.
Key Players
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Animal Nutrition Organic Acids Market, By Product
7.1. Animal Nutrition Organic Acids Market, by Product, 2021-2030
7.1.1. Benzoic Acid
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Butyric Acid
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Sorbic Acid
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Fumaric Acid
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Malic Acid
7.1.5.1. Market Revenue and Forecast (2017-2030)
7.1.6. Lactic Acid
7.1.6.1. Market Revenue and Forecast (2017-2030)
7.1.7. Myristic Acid
7.1.7.1. Market Revenue and Forecast (2017-2030)
7.1.8. Mid-chain Fatty Acids
7.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Animal Nutrition Organic Acids Market, By Species
8.1. Animal Nutrition Organic Acids Market, by Species, 2021-2030
8.1.1. Poultry
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Swine
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ruminants
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Aqua
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Animal Nutrition Organic Acids Market, By Delivery System
9.1. Animal Nutrition Organic Acids Market, by Delivery System, 2021-2030
9.1.1. Protected
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Unprotected
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Animal Nutrition Organic Acids Market, By Application
10.1. Animal Nutrition Organic Acids Market, by Application, 2021-2030
10.1.1. Gut Health
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Antimicrobial Capacity
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Yield / growth promoter
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Animal Nutrition Organic Acids Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Species (2017-2030)
11.1.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.1.4. Market Revenue and Forecast, by Application (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.1.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Species (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.1.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Species (2017-2030)
11.2.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.2.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.2.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Species (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.2.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Species (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.2.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Species (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.2.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Species (2017-2030)
11.3.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.3.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.3.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Species (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.3.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Species (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.3.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Species (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.3.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Species (2017-2030)
11.4.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.4.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.4.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Species (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.4.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Species (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.4.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Species (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.4.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Species (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.5.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Species (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Delivery System (2017-2030)
11.5.6.4. Market Revenue and Forecast, by Application (2017-2030)
Chapter 12. Company Profiles
12.1. Carboic
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Thyssenkrupp AG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ADM
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Croda International Plc
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Cargill, Incorporated
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Eastman Chemical Company
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. BASF SE
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Dow
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
Glossary of Terms
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